Santa Claus: the man behind the beard

In the first part of his visit to the North Pole, Chris Carter goes in search of discovering the truth about Santa.

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He's making a list, and checking it twice
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"Must be Santa, must be Santa, must be Santa, Santa Claus", sang Bob Dylan, our newest Nobel Laureate in Literature. But just who is Santa? Well, Dylan offers us a few clues: a beard that's long and white, he comes around on a special night. Santa is also said to wear a suit of red and a long cap on his head. It's a pretty picture. But it doesn't quite get to the man beneath the beard. What does he do for the rest of the year when he's not out delivering presents? What is Santa's net worth, and what is the state of labour relations with his elven workforce?

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Chris Carter
Wealth Editor, MoneyWeek